NOT LISTED FOR SALE

1406 Sylvan Ln Scotch Plains, NJ 07076

Estimated Value: $1,603,000 - $2,016,161

7 Beds
6 Baths
-- Sq Ft
0.59 Acres

Last Sold December 08, 2023

Last sale price $1,946,406

Est. 8% decrease in value since last sale

Current estimated payment $10,020/month

13 Days on Market

About This Home

As of December 2023

This home is located at 1406 Sylvan Ln, Scotch Plains, NJ 07076 since 02 November 2023 and is currently estimated at $1,795,540. 1406 Sylvan Ln is a home located in Union County with nearby schools including William J. McGinn Elementary School, Terrill Middle School, and Scotch Plains-Fanwood High School.

Last Agent to Sell the Property

JILL HOROWITZ ROME

COLDWELL BANKER REALTY Brokerage Phone: 908-233-5555 Listed on: 11/02/2023

COLDWELL BANKER REALTY

Last Buyer's Agent

SUSAN ADLER

KELLER WILLIAMS REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,790

Lot Details

  • 0.59 Acre Lot

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 6 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,790

Lot Details

0

Listing Details

  • County Name: Union
  • I D: 5252607
  • Attribution Contact: 908-233-5555
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 7
  • Bathrooms: 5.10

Lot Info

  • Lot Size: 000.590 AC
  • Total Acres: 0.59

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2023
Closed on
Dec 8, 2023
Sold by
Vg Home Holdings Llc
Bought by
Shah Nishit B and Shah Niyati N
Seller's Agent
JILL HOROWITZ ROME
COLDWELL BANKER REALTY
Buyer's Agent
SUSAN ADLER
KELLER WILLIAMS REALTY
List Price
$1,779,000
Sold Price
$1,946,406
Premium/Discount to List
$167,406
9.41%
Views
42
Current Estimated Value
$1,795,540

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$150,866
Avg. Annual Appreciation
-3.99%
Original Mortgage
$1,362,484
Outstanding Balance
$1,335,168
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$460,372

Purchase Details

Listed on
May 7, 2021
Closed on
Jul 15, 2021
Sold by
Branch Peter J and Estate Of Catherine R Branch
Bought by
Vg Home Holdings Llc
Seller's Agent
DANA HUTCHINSON
KELLER WILLIAMS REALTY
Buyer's Agent
JILL HOROWITZ ROME
COLDWELL BANKER REALTY
List Price
$750,000
Sold Price
$665,000
Premium/Discount to List
-$85,000
-11.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
56.73%
Original Mortgage
$962,500
Interest Rate
3%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Shah Nishit B $1,946,406 Acres Land Title
Shah Nishit B $1,946,406 Acres Land Title
Vg Home Holdings Llc $665,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shah Nishit B $1,362,484
Closed Shah Nishit B $1,362,484
Previous Owner Vg Home Holdings Llc $962,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/08/2023 12/08/23 Sold $1,946,406 +9.4% --
11/15/2023 11/15/23 Pending -- -- --
11/02/2023 11/02/23 For Sale $1,779,000 +167.5% --
07/20/2021 07/20/21 Sold $665,000 -11.3% -- View Prior Sale
06/15/2021 06/15/21 Pending -- -- --
05/07/2021 05/07/21 For Sale $750,000 -- --
Source: Garden State MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,790 $313,500 $52,700 $260,800
2024 $6,590 $57,700 $52,700 $5,000
2023 $6,590 $57,700 $52,700 $5,000
2022 $19,862 $176,000 $52,700 $123,300
2021 $19,828 $176,000 $52,700 $123,300
2020 $19,733 $176,000 $52,700 $123,300
2019 $19,587 $176,000 $52,700 $123,300
2018 $19,258 $176,000 $52,700 $123,300
2017 $18,830 $176,000 $52,700 $123,300
2016 $18,468 $176,000 $52,700 $123,300
2015 $18,165 $176,000 $52,700 $123,300
2014 $17,567 $176,000 $52,700 $123,300
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    JILL HOROWITZ ROME

    COLDWELL BANKER REALTY

    (908) 868-2460

    73 in this area

    100 Total Sales

    JILL HOROWITZ ROME
    Section Image

  • S

    Buyer's Agent in 2023

    SUSAN ADLER

    KELLER WILLIAMS REALTY

  • D

    Seller's Agent in 2021

    DANA HUTCHINSON

    KELLER WILLIAMS REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3872676

Garden State MLS

APN: 16-10001-0000-00040

New Jersey Union County Scotch Plains 07076

1406 Sylvan Ln, Scotch Plains, NJ

Not Listed for Sale

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